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Investors in the Nigerian equities market gained N432 billion at the close of trading on Tuesday.
This followed the surge in the share prices of stocks such as Guinea Insurance, Honeywell Flour and Julius Berger, among others, on the trading floor.
The benchmark All-Share Index (ASI) surged to 155,034.72 points from the 154,389.53 points recorded the previous day.
After five hours of trading at the capital market, the equity capitalisation surged to N98.8 trillion from N98.4 trillion posted by the bourse on Monday.
The market breadth was flat with 41 stocks advancing, 25 stocks declining, and 58 stocks remaining unchanged in 34,852 deals.
An aggregate of 4,683,802,444 units of shares was traded, valued at N38.8 billion.
Guinea Insurance, Honeywell Flour and Julius Berger led the gainers with 10% growth each in share prices, respectively, to close at N1.32, N21.45, and N152.00 per share, up from the previous N1.20, N19.50, and N139.00 per share.
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Union Dicon, LivingTrust Microfinance Bank and First Holding Co led other price decliners with a 10%, 10%, and 9.94% dip each in share price to close at N6.30, N3.42, and N44.40 per share, down from the previous N7.00, N3.80, and N49.30 per share
On the volume index, Cornerstone Insurance led trading with 3.6 billion shares in 81 deals, followed by FCMB, which traded 302 million shares in 540 deals.
Wema Bank traded 96 million shares in 398 deals.
On the value index, Cornerstone Insurance traded stocks valued at N18.5 billion in 81 deals, followed by FCMB, which traded equities worth N3.3 billion in 540 deals.
Zenith Bank traded shares valued at N2.2 billion in 1, 579 deals.
Babajide Okeowo
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